{"id":144377,"date":"2024-05-14T13:58:38","date_gmt":"2024-05-14T06:58:38","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-agiles-interest-payment-default-on-us483-million-bond-sends-shares-tumbling\/"},"modified":"2024-05-14T13:59:39","modified_gmt":"2024-05-14T06:59:39","slug":"chinese-developer-agiles-interest-payment-default-on-us483-million-bond-sends-shares-tumbling","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-agiles-interest-payment-default-on-us483-million-bond-sends-shares-tumbling\/","title":{"rendered":"Chinese developer Agile\u2019s interest-payment default on US$483 million bond sends shares tumbling"},"content":{"rendered":"


\nAgile says it \u2018will not be able to fulfil all payment obligations under its offshore debts\u2019 because of liquidity pressure. Presales declined 68 per cent year on year to US$905 million from January to April.
\n
\nSource : South China Morning Post
\nRead more…Chinese developer Agile\u2019s interest-payment default on US3 million bond sends shares tumbling<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Agile says it \u2018will not be able to fulfil all payment obligations under its offshore...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-144377","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ByF","jetpack-related-posts":[{"id":122770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panic-stricken-investors-drive-down-chinese-developer-agiles-bonds-amid-rumours-about-its-ability-to-repay-loans\/","url_meta":{"origin":144377,"position":0},"title":"Panic-stricken investors drive down Chinese developer Agile\u2019s bonds amid rumours about its ability to repay loans","date":"October 22, 2021","format":false,"excerpt":"\r Chinese developer Agile Group Holdings on Friday tried to reassure investors that it has enough money on hand to service debt, including off-balance sheet loans, after rumours drove down its bond prices.The prices of 11 US dollar dominated bonds of the Guangzhou-based Chinese developer plunged as panic-stricken investors sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuilder-agiles-focus-on-tropical-hainan-bearing-fruit\/","url_meta":{"origin":144377,"position":1},"title":"Hong Kong homebuilder Agile\u2019s focus on tropical Hainan bearing fruit","date":"March 15, 2017","format":false,"excerpt":"\r Home sales are \u201csizzling\u201d in Hainan, according to Hong Kong-listed homebuilder Agile Group Holdings, which says buyers are flocking to the southern Chinese island province to escape clogging pollution in other parts of the country. Agile\u2019s vice-president Sean Lee said the company is banking on significant future opportunities for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-this-chinese-residential-projects-asking-price-worth-it\/","url_meta":{"origin":144377,"position":2},"title":"Is this Chinese residential project\u2019s asking price worth it?","date":"August 25, 2016","format":false,"excerpt":"\r Agile has high hopes\u00a0for a tract of land in Guangzhou Bright pink clouds above Guangzhou, China\u2019s fourth-largest city. Image credit: ArtisticPhoto \/ Shutterstock.com Guangzhou\u2019s Liwan district is considered a relatively backwards neighbourhood, far from rapid transit routes and wanting of luxury amenities. Apartments in the area command an average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fantasias-shares-sink-after-developer-founded-by-former-chinese-vice-presidents-niece-defaults-on-bond-payment\/","url_meta":{"origin":144377,"position":3},"title":"Fantasia\u2019s shares sink after developer founded by former Chinese vice-president\u2019s niece defaults on bond payment","date":"November 10, 2021","format":false,"excerpt":"\r Shares of Fantasia Holdings Group plunged by nearly half to a record low on Wednesday, after the debt-laden Chinese developer defaulted on a US dollar bond, further warning there is no guarantee it could meet other financial obligations.The Hong Kong-listed developer said in a filing late on Tuesday that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/modern-land-becomes-latest-chinese-developer-to-miss-a-bond-payment\/","url_meta":{"origin":144377,"position":4},"title":"Modern Land becomes latest Chinese developer to miss a bond payment","date":"October 26, 2021","format":false,"excerpt":"\r Country\u2019s property sector not out of woods yet despite Evergrande narrowly avoiding default\r \r Source : ft.com\r Read more...Modern Land becomes latest Chinese developer to miss a bond payment","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-china-property-giant-evergrande-suspended-pending-major-transaction\/","url_meta":{"origin":144377,"position":5},"title":"Shares in China property giant Evergrande suspended pending \u2018major transaction\u2019","date":"October 4, 2021","format":false,"excerpt":"\r Trading halt sends markets Asian stocks falling amid speculation the debt-laden group will sell off its property management arm Trading in shares of debt-laden China Evergrande was suspended by the Hong Kong exchange on Monday after the enormous Chinese developer missed a key bond interest payment last week, its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144377"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=144377"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}